Economic benefit of product quality is an important component of business and social benefit. Improving product quality will result in increasing social wealth, raising occupation rate of product market and increasing business income. It is an effective approach to saving resources and exploiting the efficiency of them. Particularly, enhanciong the quality of machine or tools will bring out a good chain reaction to the improvement of product quality economic benefit. The key to seeking for economic benefit...

Economic benefit of product quality is an important component of business and social benefit. Improving product quality will result in increasing social wealth, raising occupation rate of product market and increasing business income. It is an effective approach to saving resources and exploiting the efficiency of them. Particularly, enhanciong the quality of machine or tools will bring out a good chain reaction to the improvement of product quality economic benefit. The key to seeking for economic benefit is quality economic benefit. After-event calculation of macro-quality-economic-benefit is expressed by qualty economic benefit=(output of improving quality)-(input of improving qualitY) Before-event calculation of micro-quality-economic-benefit is expressed by L(y)=K(y-m_0)~2

As asynthesized study of the performance of Shanghai's more than 30 state-ownedenterprises, the article draws public attention to the problems which, having becomeobvious in that particular city, might be common to many parts of China. The majorhandicaps embarrassing those enterprises, as listed by the author, include the lack offunds, few chances to get loans, inadequate supply of raw materials, obstacles to thecollection of debts and to the honouring of the economic contracts, inadequate roleof the law in...

As asynthesized study of the performance of Shanghai's more than 30 state-ownedenterprises, the article draws public attention to the problems which, having becomeobvious in that particular city, might be common to many parts of China. The majorhandicaps embarrassing those enterprises, as listed by the author, include the lack offunds, few chances to get loans, inadequate supply of raw materials, obstacles to thecollection of debts and to the honouring of the economic contracts, inadequate roleof the law in economic disputes, irrational tax scales, wide gap between the pricesfor input and those for output, overburdening on the enterprises' own resources, unpor-portionally small share in the gains reserved for the enterprises' own growth, exces-sive administrative intervention from the higher levels and excessive demand for do-nations to social wellfare. These problems, the solution of which lies in the reformsin the economic system, now call for systematic theoretical study.

A total of 2 points are reviewed by the present article,an exposition on the ba-sic tentative ideas about the share system in China;they are:1.Patterns of shares;2.Choice of enterprises for experiment;3.Coversion of such an euterprise's net assets into shares;4.Proportional distribution of the three different types of shares,and the do-minance over an enterprise;5.A joint-stock corporation's internal and external administrative systems;6.Types of shares and the resources of fund;7.Registration for such...

A total of 2 points are reviewed by the present article,an exposition on the ba-sic tentative ideas about the share system in China;they are:1.Patterns of shares;2.Choice of enterprises for experiment;3.Coversion of such an euterprise's net assets into shares;4.Proportional distribution of the three different types of shares,and the do-minance over an enterprise;5.A joint-stock corporation's internal and external administrative systems;6.Types of shares and the resources of fund;7.Registration for such corporations and the transfer of shares;8.Government policies on the distribution of shares;9.Financial income and the tax system;10.Funding for the pensions for the retirees and the issue of unemploy-ment;11.Such a corporations bankruptsy and liquidation;and12.External conditions for the experiment with such corporations and the refo-rms associated with such experiments.The author of the article calls for further exploration on the joint-stock systemwhich he holds as one way of flexible administration of the enterprises.